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28 05, 2021

Big Oil May Face More Climate Lawsuits After Shell Ruling, Say Lawyers, Activists

By | May 28th, 2021|Uncategorized|Comments Off on Big Oil May Face More Climate Lawsuits After Shell Ruling, Say Lawyers, Activists

LONDON – A Dutch court’s decision to force Royal Dutch Shell to make deeper, faster cuts to its climate warming emissions on the basis of human rights could set a precedent, especially in European countries, according to lawyers and activists. …

28 05, 2021

CWCI: California Workers’ Comp Direct Written Premium Fell 11.4% in 2020

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Total direct written premium in the California workers’ compensation system fell by 11.4% in 2020, dropping to an eight-year low driven by the ongoing decline in insurers’ average charged rates and relatively flat payroll levels, according to an analysis from …

28 05, 2021

AM Best Withdraws Credit Ratings of First American Property & Casualty Insurance and First American Specialty Insurance

By | May 28th, 2021|Uncategorized|Comments Off on AM Best Withdraws Credit Ratings of First American Property & Casualty Insurance and First American Specialty Insurance

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb” (Good) of First American Property & Casualty Insurance Co. and First American Specialty Insurance Co. The outlook of these Credit Ratings …

28 05, 2021

5 More Plead Guilty in New Orleans Staged Truck Accident Cases

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Five more individuals have pled guilty to their involvement in insurance fraud schemes arising out of staged automobile accidents with tractor-trailers in New Orleans, Louisiana. The U.S. Attorney’s Office for the Eastern District of Louisiana reported that Lois Russell, 61, …

27 05, 2021

AM Best: Florida’s Property Insurance Market Hit 5-Year Financial Low in 2020

By | May 27th, 2021|Uncategorized|Comments Off on AM Best: Florida’s Property Insurance Market Hit 5-Year Financial Low in 2020

AM Best’s composite of Florida property insurance companies hit five-year performance and surplus lows in 2020, and given persisting and significant market hurdles, companies will find sustaining current surplus levels a challenge, according to a new commentary from the ratings …

27 05, 2021

4 Killed in Florida Firefighting Helicopter Crash

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A firefighting helicopter with four people on board crashed near an airport in central Florida, killing at least one person, officials said. The helicopter crashed into a marsh near Leesburg International Airport during a training exercise around 4 p.m. Tuesday, …

27 05, 2021

Mississippi Residents Call for Special Session on Medical Marijuana at Capitol Protest

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People protested Tuesday near the Mississippi Capitol and the state Supreme Court building to demand that Gov. Tate Reeves call legislators into special session to restore a medical marijuana initiative that voters approved in November and that justices recently overturned. …

27 05, 2021

Revised Oklahoma Cybercrime Bill Sent to Governor

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Oklahoma business owners may soon have a bit more protection against the growing threat of cybercrime as the revised House Bill 1759 passed the House and moves to the Gov. Kevin Stitt for his signature. HB1759, authored by Rep. Trish …

27 05, 2021

Tighter Towing Regulations Approved for Chicago

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Changes to the city ordinance requiring additional licensing to improve towing safety have been passed by the Chicago City Council, the National Insurance Crime Bureau reported. The NICB supported an amendment to city ordinance that would require additional licensing to …

27 05, 2021

State Police: Traffic Crash Fatalities in Michigan Up in 2020

By | May 27th, 2021|Uncategorized|Comments Off on State Police: Traffic Crash Fatalities in Michigan Up in 2020

Nearly 100 more people died in traffic crashes in Michigan last year than in 2019, according to preliminary data released by the state police. The state police Criminal Justice Information Center said on May 26 that 1,083 people were killed …